31 Jan Virginia Legislation Supports I-81 Tolling Virginia lawmakers have introduced legislation supporting a proposed plan for tolls along Interstate 81. Read more...
31 Jan Tesla’s Sales Top Expectations, but Earnings Disappoint Tesla on Jan. 30 reported fourth-quarter results that included better-than-expected sales — but its earnings supported CEO Elon Musk’s assertion from earlier this month that the electric-car maker has a “very difficult” road ahead in 2019. Read more...
31 Jan Growth in 2019, but Recession May Be on Horizon, Economist Says ATLANTA — Despite a generally strong economic performance in 2018, a global recession could be lurking in the shadows through 2019, a leading economist told attendees at the SMC3 Jump Start 2019 conference Jan. 30. Read more...
31 Jan Industry Groups Object to New Chassis Fees Taking Effect at Ports Transportation industry groups are criticizing a plan by some ocean carriers to begin seeking new administrative fees for cargo containers, known as “street turns.” The fees are set to take effect Feb. 4 and range from $30 to $75, depending on the carrier. Read more...
31 Jan Connecticut Makes Push Toward Electrifying Vehicle Fleet The Connecticut state Department of Motor Vehicles says less than a third of 1% of the state’s 2.9 million registered vehicles are electric, and lawmakers, clean energy advocates and labor and business groups say that ratio must drastically change for the state to hit its aggressive targets for pollution cuts. Read more...
31 Jan Texas Forms Self-Driving Car Task Force The Texas Department of Transportation is moving forward with the formation of a Connected and Autonomous Vehicle (CAV) Task Force, made up of membership from state and local governments, academia, TxDOT staff and the autonomous vehicle industry. Read more...
31 Jan Cargo Chief Raises $2.5 Million in Venture Capital Cargo Chief, which provides a carrier integration platform for 3PLs, announced it has raised more than $2.5 million, according to a Jan. 25 press release. Read more...
31 Jan House Policymakers to Debate Infrastructure Costs Feb. 7 Transportation authorizers in the U.S. House of Representatives have scheduled a hearing on Feb. 7 to kick off debate on an infrastructure policy measure that would address big-picture concerns across the freight and commuter sectors. Read more...
31 Jan Tesla CFO Steps Down for Second Time Tesla CEO Elon Musk revealed Chief Financial Officer Deepak Ahuja will retire a second time, reinforcing Tesla’s reputation for having an active revolving door of top executives. Read more...
31 Jan Public Transit, Housing Merit Inclusion in Infrastructure Bill, Rep. Adriano Espaillat Says With the U.S. House Transportation and Infrastructure Committee prepping to debate a long-term infrastructure bill, one of the panel’s newest faces intends to push transit and housing priorities throughout the process. Read more...